Vietnam Morning News For June 8

VN placed 6th in 2017 Global Retail Development Index
Vietnam has jumped five spots to the sixth place in the 2017 Global Retail Development Index (GRDI), released by the United States’ management consulting firm A.T. Kearney on Monday.
– Viet Nam News Bizhub

Visa exemption for Western European visitors to be extended
Visa exemptions for visitors from the United Kingdom, France, Germany, Italy and Spain who intend to stay in Vietnam no more than 15 days, will be extended from July 1, 2017 to June 30, 2018.
– Vietnam Times

New international container route goes through Quang Ninh
Cai Lan International Container Terminal (CICT) announced the launch of a new route for container vessels ACS Cai Lan connecting India, Malaysia, Singapore, Viet Nam, China and the Republic of Korea on Tuesday.
– Viet Nam News Bizhub

Vietnam and Japan will cooperate to pursuit TPP
During the official trip to Japan, Vietnamese Prime Minister Nguyễn Xuân Phúc the encounter Shinzo Abe agreed to continue with Trans Pacific Partnership (TPP).
– Hanoitimes

Midterm VBF 2017 to open this month
The midterm Vietnam Business Forum (VBF) 2017 between the Vietnamese Government and the business community will be held in Hà Nội on June 16.
– Viet Nam News

Vietnam Customs tightens controls on car imports
The General Department of Vietnam Customs has asked provincial customs agencies to strengthen checks on completely-built-up (CBU) auto imports from ASEAN countries and India to prevent any attempts to falsify certificates of origin by traders to enjoy low tariffs.
– TalkVietnam

H&M to open first Viet Nam store in HCMC
Swedish fashion giant Hennes & Mauritz (H&M) has officially announced the opening of Việt Nam’s first store in HCM City this autumn.
– Viet Nam News Bizhub

Vietnam looks to further fruit exports to Japan
Even though Japan is the fifth largest importer of Vietnam’s agricultural products, only three kinds of Vietnamese fresh fruits are being sold in the country.
– Fresh Plaza

Japan, Thailand boost EEC development
Japan and Thailand have agreed to enhance cooperation for the development of the Eastern Economic Corridor (EEC) of Thailand by promoting investment by Japanese businesses.
– VietnamPlus

JICA provides support to Hoa Lac Science and Technology City
The Japan International Cooperation Agency (JICA) has signed a loan agreement in Tokyo with the Vietnamese Government to provide an overseas development assistance (ODA) loan of up to $117.6 million for the Hoa Lac Science and Technology City Development Project (II) in Hanoi.
– Vietnam EconomicTimes

Vietnam approves direct flight, visa waivers for Czech Republic
Vietnam has agreed to open a direct air route to the Czech Republic and offer visa waivers to its citizens for up to 15 days.
– VnExpress

Investment inflows into Binh Dinh rise in five months
Domestic and foreign investment inflows into the central province of Binh Dinh Province surged in the first five months of this year, according to the provincial Department of Planning and Investment.
– Viet Nam News Bizhub

MARD seeks to increase livestock product exports
Measures to boost the export of livestock products were discussed at a workshop held in Hanoi on June 7 by the Ministry of Agriculture and Rural Development (MARD).
– VietnamPlus

Organic product demand keeps rising in Vietnam
Demand for organic farm and other products has increased significantly both in Vietnam and globally, and this is good news for businesses investing in the field, according to the Ministry of Agriculture and Rural Development.
– Fresh Plaza

NA discusses fisheries and forests
A draft amendment to the 2003 Law on Fisheries would allow provincial people’s committees to assign, lease and withdraw sea surface areas from organisations and individuals for aquaculture farming but a National Assembly working body says the Government or ministries should do the job.
– Viet Nam News

SME support won’t be in cash
Support provided to small and medium-sized enterprises (SMEs) will not be in cash, but rather take the form of favourable conditions in order for SMEs to grow, Deputy Minister of Planning and Investment Dang Huy Dong has said.
– Viet Nam News Bizhub

Across the river, Saigon assembles its new business suburb
New roads and towers are hoped to turn Thu Thiem into a new financial and commercial hub that can rival District 1.
– VnExpress

Auto Expo 2017 opens in Hà Nội
Domestic auto assemblers and parts suppliers are showcasing their latest products at the 14th International Automobile and Supporting Industries Exhibition (Auto Expo 2017), which opened in Hà Nội today.
– Viet Nam News

Shrimp, coffee, ginseng added to national products list
Prime Minister Nguyen Xuan Phuc signed a decision on Monday to add three more products – brackish water shrimp, high-quality coffee and ginseng – to the list of national products.
– Viet Nam News Bizhub

Fulbright University Vietnam receives $15.5mn grants from U.S. government
The Fulbright University Vietnam (FUV) on Tuesday received two grant awards totaling US$15.5 million from the U.S. government, the university said in a press release the same day.
– Tuoi Tre News

HCM City and Gia Lai cooperate in industry and trade
HCM City and the Central Highlands province of Gia Lai on Tuesday signed a cooperation agreement in industry and trade between the two localities that will extend between this year and 2020.
– Viet Nam News Bizhub

Feature photo Travel and Snap
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).

Vietnam morning news by AEC News Today is your one stop source for Vietnam news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies, not politics.